1. Consider the following information about a business Rodriguez opened last year: price = $5; quantity sold = 15,233; implicit cost = $18,000; explicit cost = $33,000. What was Rodriguez's accounting profit and economic profit?Show your work.(2 points
2. Complete the following table(6 points):

Quantity/Output

Total

Fixed Cost

Average Fixed Cost

Total

Variable Cost

Average

Variable Cost

Total Cost

Average

Total Cost

Marginal Cost

(units)

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

(dollars)

0

$50

$0

$50

10

$50

$20

25

$50

$40

45

$50

$60

60

$50

$80

70

$50

$100